According to a report from Fox Business Network’s Charles Gasparino, New York Mets COO Jeff Wilpon is set to sell the club to billionaire hedge fund manager Steve Cohen in a transaction that will surpass the $2.3 billion threshold.
“Cohen and the Mets are said to be finalizing paper work on his purchase of the team. The deal will be voted on at a special owners meeting in November, and MLB execs say every indication is that Cohen gets approved,” Gasparino wrote via Twitter.
Cohen, a lifelong New York Mets fan, has long wanted to purchase the team and had a bid fall apart at the beginning of the year due to differences with the Wilpons.